Archive for the ‘Government’ Category
Christian elected chairman of Texas RRC
June 18th, 2019 by Latest News
Commissioner Wayne Christian was unanimously elected chairman of the Texas Railroad Commission.
MARKET: Brent crude falls more than $1/bbl
June 18th, 2019 by Latest News
Brent oil prices fell on the London market by more than $1/bbl for August and September delivery while light, sweet crude oil in New York for July delivery settled under $52/bbl on concerns of the possibility of oil shipment disruptions through the Mid…
ONGC moves 35 rigs ahead of monsoon season
June 17th, 2019 by Latest News
India’s Oil & Natural Gas Corp. Ltd. reported moving a record-high 35 offshore drilling rigs to new locations ahead of the Indian monsoon season. Aqualis Offshore said it assisted with many of the moves.
The Delaware River Basin Commission (DRBC) unanimously approved construction of a second dock and associated storage that would add LNG and other energy products to the proposed Gibbstown Logistics Center in southern New Jersey. The commission’s June 1…
MARKET: Brent for August tops $62/bbl
June 17th, 2019 by Latest News
Brent oil prices rose moderately on the London market June 14 with the August contract closing slightly above $62/bbl while light, sweet crude prices in New York held fairly flat, again settling above $52/bbl.
Rising natural gas production in Argentina coupled with competitive global LNG transportation costs are expected to position the country as an emerging source of gas supply to Asia during peak demand periods, recent research from Wood Mackenzie shows.
Husky fined for 2016 Saskatchewan oil spill
June 14th, 2019 by Latest News
Husky Oil Operations entered guilty pleas June 12 on federal and provincial charges related to a 2016 oil spill in Saskatchewan and will pay fines totaling $3.82 million. Husky was fined $2.5 million under the federal Fisheries Act and $200,000 fo…
MARKET: Oil prices rise on tanker attacks
June 14th, 2019 by Latest News
Oil futures rallied on the New York and London markets June 13 following attacks on two oil tankers near the Strait of Hormuz although crude settlements failed to completely recover from the previous trading session losses of more than $2/bbl.
CSB: Operational lapses led to well blowout, fire
June 13th, 2019 by Latest News
Poor barrier management combined with underbalanced operations performed without proper planning, procedures, or needed equipment to make an Oklahoma natural gas well blow out and catch fire on Jan. 22, 2018, killing five workers in the driller’s cabin…
US Environmental Protection Agency Administrator Andrew R. Wheeler extended temporary emergency fuel waivers on June 12 for Allegheny County, Pa. The waivers were due to expire on June 17.